CNOOC Limited (ADR) (NYSE:CEO)
An oil and gas company engaged in the exploration, development and production of crude oil and natural gas primarily offshore China.
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this entire sector has been sold off well below the companies value. Outstanding opportunity to pick up gret companies cheap!
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If you have been to China - you get it. This isn't the largest outfit to play, but they are well-positioned to do welll and undervalued right now
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The Chinese economy will drive CEO to outperform
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CEO has a 50% stake of all oil projects in China, regardless of the company doing the drilling.
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